SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?


To: Gwolf who wrote (48)3/23/1998 6:29:00 PM
From: Gwolf  Read Replies (2) | Respond to of 6039
 
Three potential customers are mentioned in Dave's shareholder letter. Obviously they can't comment during the quite period, but I do know from previous discussions that the Asian buyers mentioned are not the old contracts with the Chinese government, this is with somebody new. Before anybody goes off like a rocket they did say potential buyers so please don't nail them to the woodshed if they don't have cash in hand next week.

The point is that with a very limited staff, focusing mainly on the FDA trials, they are still working on sales prior to the FDA approval. The only thing that should be holding them up is the money to start producing the equipment. They can't start drawing on that money until the registration statement is accepted by the SEC. So as soon as that is done they should be able to start accessing the funds, producing equipment and be in the position to complete a sale. It looks like they are getting closer to being in business.

Gwolf